Brief: GC Rieber Shipping ASA Q4 EBITDA at NOK 1.9 mln

GC Rieber Shipping ASA

12/02/2021 06:26

Feb 12 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: FOURTH QUARTER RESULTS 2020
    * HAD A FLEET UTILISATION OF 81% IN Q4 OF 2020
    * Q4 EBITDA WAS NOK 1.9 MILLION
    * Q4 OPERATING INCOME WAS NOK 27.8 MILLION, COMPARED WITH NOK 43.1 MILLION IN CORRESPONDING
PERIOD
OF 2019
    * GC RIEBER SHIPPING-Q4 NET LOSS OF NOK 44.9 MILLION INCLUDING IMPAIRMENT OF SUBSEA &
RENEWABLES
FLEET OF NOK 37.1 MILLION VERSUS NET PROFIT OF NOK 7.6 MILLION IN Q4 2019
    * ALTHOUGH CURRENT MARKET CONDITIONS ARE CHALLENGING, OUTLOOK IS MORE POSITIVE FOR UPCOMING
SUMMER
SEASON

Source text for Eikon:  ID:nWkr6n5wmk 
Further company coverage:  RISH.OL 

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